Koutons Retail, Cranes Software, Garden Silk Mills

Koutons RETAIL :

Another set of example where its better to avoid stocks which are in a systemic downtrend  and not try to do a bottom fish.

Fundamental concerns have always been high with Retail Stocks. I would also be highly skeptical of companies like Kouton, Cantabil, Farmax as its a difficult business model to emulate like Pantaloons.

 

 

Cranes Software : Another stock which as just went one way down and got de-listed from NSE but still trades on BSE. The company looked pretty interesting on fundamentals but there was no signs of technical trend change anytime in last 1 year since i started looking into them. Good i gave it a miss 🙂

 

 

 

Well after two killing starts this is a good breakout stock which could head to 120. Garden Silk Mills.

 

Stocks to watchout for:

Atlas Copco , TRF look interesting stocks in the defensive category. Also one can have a look into Marico with a target of 20% annually for people who would like to have some defensive stocks.

 

Entegra Limited seems some speculative built up seen.

 

Also later in the week if i get time would like to post on the ADVERTISEMENT DUMPING STOCKS like Birla Power, Zenith Birla, Birla Cotsyn and some more in which suddenly company starts posting TV Ads as a useless expense of shareholder money.

End result the stocks drop 20-40% after a normal upmove where gullible investors end up buying at the top.

 

Cheers,

Nooresh